Compass Financial Management LLC Purchases New Shares in Sterling Infrastructure, Inc. $STRL

Compass Financial Management LLC acquired a new stake in shares of Sterling Infrastructure, Inc. (NASDAQ:STRL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,210 shares of the construction company’s stock, valued at approximately $1,016,000.

Other institutional investors have also modified their holdings of the company. Wellington Shields & Co. LLC purchased a new position in Sterling Infrastructure during the second quarter worth $29,000. Persistent Asset Partners Ltd purchased a new stake in shares of Sterling Infrastructure in the second quarter valued at $40,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Sterling Infrastructure by 100.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 60 shares of the construction company’s stock worth $50,000 after acquiring an additional 30 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Sterling Infrastructure by 43.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 79 shares of the construction company’s stock worth $66,000 after acquiring an additional 24 shares during the last quarter. Finally, Cedar Mountain Advisors LLC boosted its stake in shares of Sterling Infrastructure by 8,000.0% during the 1st quarter. Cedar Mountain Advisors LLC now owns 81 shares of the construction company’s stock worth $33,000 after purchasing an additional 80 shares during the period. 80.95% of the stock is owned by institutional investors.

Insider Activity

In other news, General Counsel Mark D. Wolf sold 2,500 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the transaction, the general counsel directly owned 28,137 shares in the company, valued at approximately $24,985,656. This trade represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on STRL. Weiss Ratings downgraded Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Oppenheimer started coverage on Sterling Infrastructure in a report on Thursday, May 28th. They set an “outperform” rating and a $950.00 price objective for the company. Zacks Research downgraded Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Wall Street Zen upgraded Sterling Infrastructure from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, Cantor Fitzgerald lowered their target price on shares of Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating for the company in a research note on Wednesday, August 5th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $690.33.

Sterling Infrastructure Stock Performance

STRL opened at $516.81 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average is $675.12 and its two-hundred day moving average is $598.85. The company has a market capitalization of $15.81 billion, a P/E ratio of 37.26, a PEG ratio of 1.80 and a beta of 1.88. Sterling Infrastructure, Inc. has a 52 week low of $266.13 and a 52 week high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL) last posted its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.01 by $0.79. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The business’s revenue was up 90.4% compared to the same quarter last year. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. Analysts forecast that Sterling Infrastructure, Inc. will post 19.15 earnings per share for the current year.

About Sterling Infrastructure

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.